4:33 PM,
Dec. 11, 2012

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A Montgomery management company plans a ceremony today to celebrate the $26.5 million purchase of a recently built Eastchase apartment complex, a deal that reportedly is the largest of its kind in city history.

Foshee Management closed on the purchase of the former Watermark at Eastchase apartments on Nov. 15, renaming the 272-unit complex Broadstreet at Eastchase. The development was built last year at 8462 Eastchase Parkway by Watermark of Indiana, which has properties across the nation.

The family-owned company manages more than 2,000 properties in the River Region and another 500 ...